LM Funding America Adds 35 PH/s with Energization of First Oklahoma Immersion Unit

Core Insights - LM Funding America, Inc. has successfully energized its first BC40 Elite immersion cooled Foghashing unit at its Oklahoma site, which powers 160 next-generation Bitmain S21 immersion miners, adding approximately 35 Petahash (PH/s) to the total energized hashrate [1] - The company plans to install a second BC40 Elite unit later this month, which will support an additional 160 Bitmain S21 immersion miners [2] - By year-end 2025, LM Funding anticipates reaching approximately 780 PH/s of energized hashrate across its facilities, representing a 75% increase compared to year-end 2024 [2] - As of November 30, 2025, the estimated value of the company's 301.8 Bitcoin holdings was approximately $27.5 million, equating to $2.25 per share based on a Bitcoin price of approximately $91,100 [2] Company Overview - LM Funding America, Inc. operates as a Bitcoin treasury and mining company and was founded in 2008, based in Tampa, Florida [3] - The company also has a technology-enabled specialty finance business that provides funding to nonprofit community associations primarily in Florida [3]